Territory to receive $1.4 billion
The Yukon will receive approximately $1.4 billion in major federal transfers this year – which is still the lowest of the three Canadian territories.
The Yukon will receive approximately $1.4 billion in major federal transfers this year – which is still the lowest of the three Canadian territories.
According to a document from the federal Department of Finance, the Yukon is slated to be receiving $1.427 billion for the 2024-25 fiscal year, which will begin April 1.
That compares to $1.326 billion for the current fiscal year.
By comparison, Nunavut will be gifted $2.178 billion while the Northwest Territories is listed at $1.775 billion.
Most of the territorial budgets in all three jursidictions are based on federal money, a fact that most Canadians are likely not aware of.
Federal money for the current fiscal year translates to $29,585 per Yukoner, the federal data show.
The Yukon government is expected to present its budget on March 7 as the legislature reconvenes for the first time since late 2023.
Comments (6)
Up 13 Down 5
Groucho d'North on Mar 1, 2024 at 9:52 am
Pre-election slush money, get ready for the coming announcements on who gets it.
Up 54 Down 8
YT on Feb 28, 2024 at 9:03 am
$1,400,000,000.00
Big number.
And yet, even with that largess, our health care system is amongst the worse in Canada
We rank only behind NT and NUT in terms of doctors per capita.
Our general hospital has 60 less beds that the original WGH did back in the 1999s.
But sure, let’s build gymnastics centres…..
Up 27 Down 11
Jake on Feb 27, 2024 at 8:45 pm
@Patti Eyre based on the fact we live beyond our means, living large on the money southerners pay, and not being aware of it. Look at the total for all three territories gonna get noticed at some point.
Up 9 Down 16
Uplander on Feb 27, 2024 at 6:38 pm
Is no reporter going to ask why we are getting less than those other 2 territories?
Up 10 Down 16
douglas martens on Feb 27, 2024 at 11:15 am
"you're a bum!"
"i ain't no bum!"
"you're a BUM!"
from the movie Rocky.
Up 34 Down 8
Patti Eyre on Feb 27, 2024 at 6:29 am
“a fact that most Canadians are likely not aware of”
I love that, it’s an opinion about what most Canadians are not aware of, based on what?